Author: Adam Back 2015-08-08 11:54:36
Published on: 2015-08-08T11:54:36+00:00
In an email conversation on August 8, 2015 at 09:54, Thomas Zander explained that he did not mention off-chain and gave an example of on-chain use case with a trusted middleman. However, Adam argued that this was the definition of off-chain transactions. He cited MtGox and Coinbase as examples where a middle man holds the private keys to the coins and gives an IOU in return.
Updated on: 2023-06-10T18:53:37.665870+00:00